EOG RESOURCES INC

10-K & 10-Q Filings

EOG Resources, Inc. is a Delaware corporation involved in the exploration, development, production, and marketing of crude oil, natural gas liquids (NGLs), and natural gas primarily in the United States and the Republic of Trinidad and Tobago. The company's business strategy focuses on maximizing the rate of return on investment by controlling operating costs and capital expenditures and maximizing reserve recoveries. EOG's operations are located in major producing basins in the United States and Trinidad, with a focus on crude oil and natural gas plays. In the United States, the company's operations include the Delaware Basin, South Texas, Rocky Mountain region, and other areas. In Trinidad, EOG holds interests in various exploration and production licenses and contracts. EOG's website is www.eogresources.com, and its ticker symbol is EOG. At December 31, 2023, EOG's total estimated net proved reserves were 4,498 million barrels of oil equivalent (MMBoe), with approximately 99% located in the United States and 1% in Trinidad. The company's annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and any amendments to those reports are available on the SEC's website.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$10126.11
11682.64
14487.12
18035.34
8757.43
7650.63
11208.32
17275.40
17379.97
11032.05
18642.00
25702.00
24186.00
6044.00
6123.00
7.53%1.31%Cost of Revenue (-)
$6505.30
8414.99
10015.31
11463.54
8313.87
7735.88
9222.87
11883.06
1237.40
1194.20
1422.00
1587.00
1620.00
395.00
2478.00
-10.94%527.34%Gross Profit (+)
$3620.81
3267.65
4471.81
6571.80
443.56
-85.25
1985.45
5392.34
16142.57
9837.85
17220.00
24115.00
22566.00
5649.00
3645.00
16.47%-35.48%Selling, General & Administrative (-)
$304.81
331.55
348.31
402.01
366.59
394.81
434.47
426.97
1856.39
1547.20
1646.00
1901.00
2094.00
504.00
558.00
17.42%10.71%Depreciation & Amortization (-)
$2516.38
3169.70
3600.98
3997.04
3313.64
3553.42
3409.39
3435.41
3749.70
3400.35
3651.00
3542.00
3492.00
798.00
1074.00
2.77%34.59%Non-recurring Operating Expenses (-)
$1031.04
1270.73
286.94
743.58
6613.55
620.27
479.24
347.02
517.90
2099.78
376.00
382.00
202.00
34.00
19.00
-12.70%-44.12%Operating Expenses (-)
$4023.89
4957.55
4397.57
5327.01
10443.28
4693.45
4567.44
4358.40
6263.87
7193.12
5827.00
5910.00
5874.00
1386.00
1670.00
3.20%20.49%Costs & Expenses (Total) (-)
$8012.81
10202.84
10811.91
12793.52
15443.51
8875.91
10281.92
12806.05
13680.96
11576.06
12540.00
15736.00
14583.00
3472.00
3852.00
5.12%10.94%Operating Income/Loss (+)
$2113.31
1479.80
3675.21
5241.82
-6686.08
-1225.28
926.40
4469.35
3699.01
-544.02
6102.00
9966.00
9603.00
2572.00
2271.00
13.45%-11.70%Non-operating Income/Expense (+)
$6.85
14.49
-2.87
-45.05
1.92
-50.54
9.15
16.70
31.39
10.23
9.00
114.00
234.00
65.00
62.00
34.21%-4.62%Interest Expense (-)
$420.73
427.10
470.92
402.92
474.79
313.34
301.80
269.55
223.42
236.15
178.00
179.00
148.00
42.00
33.00
-8.34%-21.43%Earnings before Tax (+)
$1699.44
1067.19
3201.43
4793.86
-7158.95
-1589.16
661.18
4241.00
3545.27
-739.05
5933.00
9901.00
9689.00
2595.00
2300.00
15.61%-11.37%Tax Expense (-)
$818.68
710.46
1239.78
2079.83
-2397.04
-460.82
-1921.40
821.96
810.36
-134.48
1269.00
2142.00
2095.00
572.00
511.00
8.14%-10.66%Income/Loss (Continuing Operations) (+)
$880.76
356.73
1961.65
2714.03
-4761.91
-1128.35
2582.58
3419.04
2734.91
-604.57
4664.00
7759.00
7594.00
2023.00
1789.00
19.67%-11.57%Net Income/Loss (+)
$1091.12
570.28
2197.11
2915.49
-4524.52
-1096.69
2582.58
3419.04
2734.91
-604.57
4664.00
7759.00
7594.00
2023.00
1789.00
17.55%-11.57%Net Income/Loss (Common) (+)
$1091.12
570.28
2197.11
2915.49
-4524.52
-1096.69
2582.58
3419.04
2734.91
-604.57
4664.00
7759.00
7594.00
2023.00
1789.00
17.55%-11.57%EPS (Basic)
$4.15
2.13
8.13
5.36
-8.29
-1.98
4.49
5.93
4.73
-1.04
8.03
13.31
13.07
3.46
3.11
10.03%-10.12%EPS (Diluted)
$4.10
2.11
8.04
5.32
-8.29
-1.98
4.46
5.89
4.71
-1.04
7.99
13.22
13.00
3.45
3.10
10.09%-10.14%Weighted Avg Shares (Basic)
262.74
267.58
270.17
543.44
545.70
553.38
574.62
576.58
577.67
578.95
581.00
583.00
581.00
584.00
575.00
6.84%-1.54%Weighted Avg Shares (Diluted)
266.27
270.76
273.11
548.54
545.70
553.38
578.69
580.44
580.78
578.95
584.00
587.00
584.00
587.00
577.00
6.76%-1.70%Cash
$1206.32
1559.62
2126.08
2813.43
1465.25
2119.30
834.23
1555.63
2027.97
3351.96
5209.00
6069.00
5278.00
5018.00
5292.00
13.09%5.46%Receivables
$1451.23
1656.62
1658.85
1779.31
930.61
1216.32
1597.49
1915.21
2001.66
1522.26
2335.00
2774.00
2716.00
2455.00
2688.00
5.36%9.49%Inventory
$
483.87
859.36
767.30
629.40
584.00
1058.00
1275.00
1131.00
1154.00
2.03%Other Assets (Current)
$596.39
373.64
287.08
842.90
196.38
218.98
363.52
727.18
476.41
358.55
456.00
574.00
666.00
580.00
794.00
0.92%36.90%Assets (Current)
$3253.94
3589.88
4072.01
5416.02
2592.24
3554.60
3279.11
5057.39
5273.34
5862.17
8584.00
10475.00
9935.00
9184.00
9928.00
9.75%8.10%Property, Plant & Equipment (Net)
$21288.82
23337.68
26148.84
29172.64
24210.72
25707.08
25665.04
28075.52
30364.60
28598.63
28426.00
29429.00
32297.00
30223.00
33077.00
3.53%9.44%Accumulated Depreciation
$-14525.60
-17529.24
-19640.05
21081.85
30389.13
27893.58
30851.46
33475.16
36938.07
40673.15
43971.00
42679.00
45290.00
42785.00
46047.00
7.62%Other Assets
$14821.63
17938.25
19993.44
174.02
172.28
197.75
888.93
801.57
1486.67
1343.81
1226.00
1467.00
1625.00
1618.00
1791.00
-16.82%10.69%Assets (Non-current)
$21584.86
23746.69
26502.22
29346.67
24383.00
25904.83
26553.97
28877.08
31851.27
29942.43
29652.00
30896.00
33922.00
31841.00
34868.00
3.84%9.51%Assets (Total)
$24838.80
27336.58
30574.24
34762.69
26975.24
29459.43
29833.08
33934.47
37124.61
35804.60
38236.00
41371.00
43857.00
41025.00
44796.00
4.85%9.19%Accounts Payable
$2180.72
2241.03
2413.78
3000.65
1565.57
1630.24
2092.41
2581.55
2850.25
2104.37
3196.00
3419.00
3429.00
3557.00
3698.00
3.84%3.96%Debt (Current)
$
406.58
6.58
6.58
6.58
6.58
356.24
913.09
1383.89
781.05
37.00
1283.00
34.00
33.00
34.00
3.03%Other Liabilities (Current)
$341.60
276.45
441.35
377.08
247.14
390.48
276.89
233.72
252.85
574.68
809.00
811.00
611.00
638.00
541.00
4.96%-15.20%Liabilities (Current)
$2522.32
2924.06
2861.72
3384.31
1819.29
2027.29
2725.54
3728.36
4486.99
3460.10
4042.00
5513.00
4074.00
4228.00
4273.00
4.08%1.06%Debt (Non-current)
$5009.17
5905.60
5906.64
5903.35
6653.69
6979.78
6030.84
5170.17
4160.92
5035.35
5072.00
3795.00
3765.00
3787.00
3757.00
-2.35%-0.79%Other Liabilities
$4666.41
5222.15
6387.42
7762.44
5559.24
6470.78
4793.43
5671.75
6835.98
7007.26
6942.00
7284.00
7928.00
7563.00
8130.00
4.52%7.50%Liabilities (Non-current)
$9675.57
11127.76
12294.06
13665.80
12212.92
13450.56
10824.26
10841.92
10996.90
12042.61
12014.00
11079.00
11693.00
11350.00
11887.00
1.59%4.73%Liabilities (Total)
$12197.89
14051.81
15155.78
17050.10
14032.21
15477.85
13549.81
14570.29
15483.89
15502.71
16056.00
16592.00
15767.00
15578.00
16160.00
2.16%3.74%Treasury Stock
$-24.93
-33.82
-15.26
70.10
23.41
23.68
33.30
42.18
26.53
6.62
20.00
78.00
907.00
393.00
1647.00
319.08%Retained Earnings
$9789.34
10175.63
12168.28
14763.10
9870.82
8398.12
10593.53
13543.13
15648.60
14169.97
15919.00
18472.00
22634.00
19423.00
23897.00
7.23%23.03%AOCI
$401.75
439.89
415.83
-23.06
-33.34
-19.01
-19.30
-1.36
-4.65
-12.33
-12.00
-8.00
-9.00
-8.00
-8.00
0.00%Shareholder's Equity
$12640.90
13284.76
15418.46
17712.58
12943.03
13981.58
16283.27
19364.19
21640.72
20301.89
22180.00
24779.00
28090.00
25447.00
28636.00
6.88%12.53%Liabilities & Equity
$24838.80
27336.58
30574.24
34762.69
26975.24
29459.43
29833.08
33934.47
37124.61
35804.60
38236.00
41371.00
43857.00
41025.00
44796.00
4.85%9.19%Net Income/Loss
$1091.12
570.28
2197.11
2915.49
-4524.52
-1096.69
2582.58
3419.04
2734.91
-604.57
4664.00
7759.00
7594.00
2023.00
1789.00
17.55%-11.57%Depreciation & Amortization
$2516.38
3169.70
3600.98
3997.04
3313.64
3553.42
3409.39
3435.41
3749.70
3400.35
3651.00
3542.00
3492.00
798.00
1074.00
2.77%34.59%Increase/Decrease in Working Capital
$-1143.13
-625.18
-261.88
-440.70
145.88
256.33
964.91
230.11
-393.47
-152.16
518.00
1159.00
-191.00
-696.00
25.00
103.59%Share-based Compensation
$128.34
127.78
134.06
145.09
130.58
128.09
133.85
155.34
174.74
146.40
152.00
133.00
177.00
34.00
45.00
2.71%32.35%Adjustments to Reconcile Net Income
$3487.29
4666.50
5132.31
5733.67
8119.68
3455.75
1669.41
4340.88
5399.31
5597.92
4049.00
3244.00
3747.00
1232.00
1113.00
0.60%-9.66%Net Cash (Operating)
$4578.41
5236.78
7329.41
8649.16
3595.16
2359.06
4265.34
7768.61
8163.18
5007.78
8791.00
11093.00
11340.00
3255.00
2903.00
7.85%-10.81%Capital Expenditure
$-8383.95
-8664.89
-7821.18
7677.47
4820.36
1409.26
3897.47
5849.03
6282.23
3272.77
3619.00
4651.00
6045.00
1532.00
1826.00
19.19%Net Cash (Investing)
$-5754.94
-6119.26
-6314.78
-7513.56
-5320.26
-1252.94
-3987.41
-6170.16
-6177.17
-3347.51
-3419.00
-5056.00
-6340.00
-1567.00
-1597.00
-1.91%Increase/Decrease in Debt
$220.00
1236.96
405.78
-9.75
743.79
161.20
-606.55
-358.22
-900.00
483.85
-787.00
-35.00
-1282.00
-1258.00
-8.00
99.36%Increase/Decrease in Equity
$1452.89
143.06
63.78
-128.32
-54.74
-83.73
-42.57
-42.90
-12.22
-2.61
-22.00
-90.00
-1026.00
-317.00
-759.00
-139.43%Dividends Paid
$-167.17
-181.08
-199.18
279.69
367.00
372.85
386.53
438.05
588.20
820.82
2684.00
5148.00
3386.00
1067.00
525.00
-50.80%Net Cash (Financing)
$1008.54
1139.75
-573.93
-327.73
370.92
-242.72
-1035.71
-839.10
-1513.32
-359.02
-3493.00
-5273.00
-5694.00
-2642.00
-1292.00
51.10%Effect of Exchange Rate
$-5.13
3.44
1.06
-38.85
-14.54
17.99
-7.88
-37.94
-0.35
-0.30
1.00
-1.00
Increase/Decrease in Cash
$-173.13
260.71
441.77
769.00
-1368.71
881.39
-765.67
721.41
472.34
1300.96
1880.00
763.00
-694.00
-954.00
14.00
101.47%Cash (Beginning)
$788.85
615.73
876.43
1318.21
2087.21
718.51
1599.89
834.23
1555.63
2027.97
3329.00
5209.00
5972.00
5972.00
5278.00
18.38%-11.62%Cash (Ending)
$615.73
876.43
1318.21
2087.21
718.51
1599.89
834.23
1555.63
2027.97
3328.93
5209.00
5972.00
5278.00
5018.00
5292.00
19.61%5.46%NOPAT
$1095.26
494.65
2251.96
2967.64
-8924.79
-1580.58
3618.53
3603.13
2853.51
-643.01
4796.85
7809.94
7526.60
2005.07
1766.44
17.42%-11.90%Gross Margin %
35.76%
27.97%
30.87%
36.44%
5.06%
-1.11%
17.71%
31.21%
92.88%
89.18%
92.37%
93.83%
93.30%
93.46%
59.53%
Operating Margin %
20.87%
12.67%
25.37%
29.06%
-76.35%
-16.02%
8.27%
25.87%
21.28%
-4.93%
32.73%
38.78%
39.70%
42.55%
37.09%
NOPAT Margin %
10.82%
4.23%
15.54%
16.45%
-101.91%
-20.66%
32.28%
20.86%
16.42%
-5.83%
25.73%
30.39%
31.12%
33.17%
28.85%
Net Margin %
10.78%
4.88%
15.17%
16.17%
-51.66%
-14.33%
23.04%
19.79%
15.74%
-5.48%
25.02%
30.19%
31.40%
33.47%
29.22%
Tax Rate %
48.17%
66.57%
38.73%
43.39%
-33.48%
-29.00%
-290.60%
19.38%
22.86%
-18.20%
21.39%
21.63%
21.62%
22.04%
22.22%
ROA
4.41%
1.81%
7.37%
8.54%
-33.09%
-5.37%
12.13%
10.62%
7.69%
-1.80%
12.55%
18.88%
17.16%
4.89%
3.94%
ROE
8.66%
3.72%
14.61%
16.75%
-68.95%
-11.30%
22.22%
18.61%
13.19%
-3.17%
21.63%
31.52%
26.79%
7.88%
6.17%
ROIC
5.12%
2.08%
8.46%
10.04%
-36.69%
-6.11%
13.73%
12.13%
8.95%
-2.18%
16.20%
24.40%
21.52%
6.57%
5.26%
Asset Turnover
0.41
0.43
0.47
0.52
0.32
0.26
0.38
0.51
0.47
0.31
0.49
0.62
0.55
0.15
0.14
Inventory Turnover
19.06
13.83
1.61
1.90
2.43
1.50
1.27
0.35
2.15
Equity Multiplier
1.96
2.06
1.98
1.96
2.08
2.11
1.83
1.75
1.72
1.76
1.72
1.67
1.56
1.61
1.56
Current Ratio
1.29
1.23
1.42
1.61
1.42
1.75
1.20
1.36
1.18
1.69
2.12
1.90
2.44
2.17
2.32
Quick Ratio
1.05
1.10
1.32
1.36
1.32
1.65
0.89
0.93
0.90
1.41
1.87
1.60
1.96
1.77
1.87
Debt/Equity Ratio
0.40
0.48
0.38
0.33
0.51
0.50
0.39
0.31
0.26
0.29
0.23
0.20
0.14
0.15
0.13
Working Capital/Sales
0.01
0.04
0.03
0.02
0.01
0.02
0.06
0.09
0.09
0.08
0.06
0.10
0.11
0.05
0.08
Dividend Payout Ratio %
-15.26%
-36.61%
-8.84%
9.42%
4.11%
23.59%
10.68%
12.16%
20.61%
127.65%
55.95%
65.92%
44.99%
53.22%
29.72%
Total Payout
$-1840.06
-1561.10
-668.74
417.76
-322.04
295.37
1035.65
839.16
1500.42
339.58
3493.00
5273.00
5694.00
2642.00
1292.00
-51.10%Payout Ratio %
-168.00%
-315.60%
-29.70%
14.08%
-3.61%
18.69%
28.62%
23.29%
52.58%
52.81%
72.82%
67.52%
75.65%
131.77%
73.14%